Lake Keowee Expert Blog Afternoon Delightning
It’s the time of year around Lake Keowee for early afternoon thunderstorms that race through the area scaring dogs and little children with their cacophony of bowling alley-like mayhem; scattering boaters off of the water all the while resulting in a perfect situation for a late afternoon Lake Keowee cruise. Some of my favorite times on Lake Keowee are after a thunderstorm barrels through leaving calm waters and setting the stage for incredible sunsets. The perfect time to relax, maybe listen to some Yatch Rock and solve the wonders of the universe. Wouldn’t it be nice if we had that kind of time? Right now we are busting a hump to keep up with all of the wonderful folks interested in purchasing their own little piece of Lake Keowee nirvana. We closed $3.2M in Lake Keowee real estate last week and are gunning to close a little more than a million this week. We’ve also put 1 house and three lots under contract so far! That’s putting the pedal down when it comes to inking deals. We are heading to the busiest two weeks of the sales season as we move past July 4th. We will reach a crescendo around July 15th then activity will slowly recede. Our inventory is the lowest we’ve had for quite some time and are anxious to add some new listings to the stable. If you’ve been thinking about selling, now is the time. If you’ve been thinking about buying we’ve still got some really good properties for you to check out. Call us now, we have great cell coverage!
A Critical Guide to Home Loans:
Tips for the best deals
Watch out for Mortgage Protection Insurance – Some lenders may offer you mortgage protection insurance which will make your payments in case you die, become disabled or lose your job. Check around, you often may find the same kinds of protection through your regular insurance agent at a lower cost.
Private Mortgage Insurance (PMI) – Private mortgage insurance is required by the lender on loans with down payments of 10 percent or less. The cost can run from one-third of a percent to 1 percent monthly. Once your equity reaches 20-25 percent, you may be able to cancel your insurance. While some look at this required insurance as a nuisance, without it, there wouldn’t be loan options with only 3% down or 5% down – all loans would probably require the more restrictive 20% down…
More next week….
Check out the Lake Keowee Real Estate numbers for the year
Lake Keowee Area News Corner
Local brewery shutting down street for anniversary block party